Health IT Business News Roundup for the Week of January 13, 2012
M&A, Financial Reports and Funding
QuadraMed, a provider of health IT software and services, will acquire NCR Corporation, a provider of patient access and payment management software, for an undisclosed sum...Mediware Information Systems, a medical information systems provider, has acquired Transtem, a medical software developer, for an undisclosed sum...ManTech, a provider of support services to federal government agencies, has acquired health care systems integrator Evolvent Technologies for an undisclosed sum.
T-System, a vendor of emergency department information systems, has acquired billing services provider Practice Management Associates for an undisclosed sum...the TriZetto Group, a vendor of health payer software, has acquired Kocsis Consulting Group, a provider of payer training software, for an undisclosed sum...private equity firm Frontier Capital has acquired Healthx, a provider of health IT applications for insurers and physicians, for an undisclosed sum.
Practice Fusion, a provider of EHR systems, has raised $38 million in funding from multiple investors.
Contracts
The Health Resources and Services Administration has awarded a $78.5 million contract to IT services provider SRA International to support the National Practitioner Data Bank and the Healthcare Integrity and Protection Data Bank; HRSA also awarded Science Applications International Corporation a contract worth more than $26 million to develop and service data systems for the agency's Bureau Reporting Systems...Avera Health -- a partnership of health care facilities in Iowa, Minnesota, Nebraska, North Dakota and South Dakota -- is implementing MediClick's analytics applications.
Southern Tier HealthLink, a not-for-profit regional health information exchange organization, has selected health data exchange technology from Lawson Software...Nemours, a pediatric health care system in California, has deployed Saba's cloud-based applications for EHR training and compliance...BryanLGH Medical Center in Nebraska has implemented Thomson Reuters' clinical surveillance and intervention application...the Arizona Regional Extension Center has selected Navicure as one of its preferred EHR vendors.
Maricom Systems, a data management software and engineering services provider, has won a $105 million data services contract from CMS...Adventist Health in California will implement Cerner's EHR system at more than 130 outpatient clinics in California, Hawaii, Oregon and Washington state...the Idaho Health Data Exchange has selected Greenway Medical as the state's health information exchange administrator.
Product Development and Marketing
HealthEdge, a provider of health care software for payers, has partnered with Keane, an IT services firm, to develop performance-based software for payers...HealthLink Dimensions, a provider of physician marketing services, will add hospital-affiliated physician data to the hospital sales and marketing database from Billians HealthData...Medco Health Solutions and Castlight Health will integrate their comparison pricing tools and clinical messaging services to provide patients with a view of the cost and quality of health care and prescription drug services...Physicians Interactive, a provider of mobile and Internet-based clinical tools, and WorldOne, an online health care data collection firm, have partnered to facilitate market research opportunities between health care and life sciences professionals...Hello Health, a provider of patient management tools, will partner with wireless health network services provider Qualcomm Life to allow patients to transfer data from wireless sensors to a patient management platform.
Personnel
Missy Krasner -- founder of Google Health and a former senior communications director at the Office of the National Coordinator for Health IT -- has been named executive in residence at Morgenthaler Ventures, a venture capital firm...Barry Canipe -- former senior vice president and CFO for kitchen and bath products supplier American Standard Brands -- has been named CFO of Carestream Health, a provider of medical and dental imaging and health IT services; Jianqing Bennett -- general manager of computed radiography and X-ray systems at Carestream -- has been promoted to vice president of global medical sales and services.
Charles Birmingham -- vice president of corporate development of medical group CareMore Medical Enterprises -- has been elected to the board of directors of ApeniMED, a provider of clinical networking interoperability systems...Scott Johnson -- former vice president of sales at CarePayment, a provider of payment services for patients -- has been named vice president of sales at Skylight Healthcare Systems, a provider of patient communication tools.
Read more: http://www.ihealthbeat.org/articles/2012/1/13/health-it-business-news-roundup-for-the-week-of-january-13-2012.aspx#ixzz1jNZ30anv
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